What Do We Need to Meet the Demand for the Resources

question 37

Multiple Choice

What do we need to meet the demand for the resources that we currently use?

• A) 1.3 planets by next year
• B) 1.3 planets by 2030
• C) 2 planets by next year
• D) 2 planets by 2030

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Definitions:

Simple Annual Rate

The interest rate without compounding, indicating the flat yearly cost of borrowing or the annual rate of interest paid on an investment.

Interest Earned

Interest earned is the amount of money gained as interest from savings accounts, investments, or bonds over a certain period.

Annual Rate

the interest rate for a whole year, rather than just a shorter period.

Accrued Interest

The interest on a loan or bond that has accumulated since the principal investment, or since the last interest payment, if there has been one.